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$1,425,000
202612630 MLS ⋅ FS - Fee Simple Tenure
Excellent opportunity to own a well-maintained 7-unit multi-family property in the heart of McCully zoned BMX-3! This income-producing asset features two separate structures comprised of three one-bedroom units and four studio units. The property has been recently renovated, showcasing vinyl plank flooring, fresh exterior paint, and updated finishes that appeal to today’s tenants. A majority of units are occupied, providing immediate and consistent rental income. Conveniently located near shopping, dining and easy access to public transportation, this McCully property offers both revenue and long-term investment potential!

1812 Algaroba Street, Honolulu

Listing courtesy of REMAX Hawaii.

$4,300,000
202612303 MLS ⋅ FS - Fee Simple Tenure
Priced Below Assessed Value! Unique, 9-three-bed, TWO-bath units with 13 covered parking. Concrete construction. Located less than a mile to UH Manoa and Waikiki. Condo-converted (each unit has its own TMK) for flexible exit strategies. Features 3 stacks of 3 units, each stack with separate, secured entries for rare privacy. Landlord-owned laundry in each unit. Massive value-add potential: raise rents, charge for parking, and monetize laundry!

922 McCully Street, Honolulu

Listing courtesy of Commercial Inv. Strategies.

$1,825,000
202611539 MLS ⋅ FS - Fee Simple Tenure
Unlock the potential of 937 Coolidge Street, a valuable BMX-3 zoned property situated in the heart of Moiliili’s high-growth urban corridor. Offering exceptional flexibility for commercial, residential, or mixed-use, this site is conveniently located within walking distance to the University of Hawaii at Manoa, public transportation, and various restaurants and stores. The property features two structures—a front and rear building. The rear structure contains 3 units: Unit A (a 3BD/1BA top-floor unit), Unit B (a lower-level 1BD/1BA unit), and Unit C (a lower-level 1BD/1BA unit). The front structure contains 2 units: Unit E (1BA/studio) and Unit F (1BD/1BA unit). Fantastic opportunity for investors, primary occupants, or multi-generational living. This is a premier canvas for a savvy buyer ready to leverage the site's high-density BMX-3 zoning. Discounted list price reflects an active DPP notice regarding a zoning/compliance matter on the front structure but rectification in progress. Property conveyed AS-IS, WHERE-IS. Seller and listing agent make no warranties or guarantees, express or implied.

937 Coolidge Street, Honolulu

Listing courtesy of Gloria Chi Realty Inc..

$1,490,000
202612402 MLS ⋅ FS - Fee Simple Tenure
Mixed-use investment opportunity in Kalihi featuring two buildings and nine residential rooms. The ground floor commercial unit has a CUP in place with roll-up door access and direct street frontage — suitable for retail, grocery, or light industrial use. Building B is currently occupied generating $4,000/month. Building A is actively under renovation. Priced at $1,500,000 with a stabilized cap rate of 7.8–9.0%. The surrounding Kalihi corridor has strong long-term redevelopment fundamentals. Conditional Use Permit (CUP) — Protected Commercial Use The commercial unit carries a CUP, securing its legal commercial operating status within the R-5 residential zone. This rare entitlement protects lender and tenant confidence and is a meaningful differentiator at this price point.

1104 Palama Street, Honolulu

Listing courtesy of Fogarty Realty, Inc..

$2,200,000
202611726 MLS ⋅ FS - Fee Simple Tenure
Prime multi-family investment opportunity on the border of Kahala and Kaimuki. 4042 A Keanu Street offers three separate buildings on an approximately 10,000 sq ft lot in a well-established Honolulu neighborhood. The property's size and layout present strong potential for rental income, owner-occupant plus rental, or future redevelopment, subject to zoning and city regulations. Conveniently located near major thoroughfares, shopping, dining, schools, and beaches, this location supports long-term demand. Property to be sold strictly As Is. Buyer and buyer's agent to conduct and rely solely on their own due diligence regarding all permits, structures, zoning, and potential uses. See permit package in supplements.

4042 Keanu Street Unit A, Honolulu

Listing courtesy of Corcoran Pacific Properties.

$1,650,000
202611872 MLS ⋅ FS - Fee Simple Tenure
Well maintained duplex in the back of Pauoa Valley. Front house is 3/1 and back house is 2/1 with lots of space to expand. Located on a quiet street, this property is minutes to downtown and close to shopping, dining, and freeway on/off ramps. Property to be conveyed in "AS IS" condition.

2816 Booth Road, Honolulu

Listing courtesy of EM International Realty Cor.

$3,000,000
202611903 MLS ⋅ FS - Fee Simple Tenure
Located in the heart of Kaimuki, 3513 Harding Ave. presents a rare opportunity to acquire a multi-cottage investment property on a 15,000 SF lot. The property consists of five separate cottages totaling approximately 3,828 SF, offering flexible use potential for investors, owner-users, or future redevelopment considerations. Cottages need improvements, previous commercial use. Improvements needed to restore residential use.

3513 Harding Avenue, Honolulu

Listing courtesy of CBI Residential Advisory Svcs..

$1,488,000
202611901 MLS ⋅ FS - Fee Simple Tenure
The property features five separate residential units, in beautiful Palolo Valley, providing immediate income and a compelling value-add investment opportunity. Priced to reflect its current condition, including existing water intrusion and significant repair needs, this offering provides investors the opportunity to acquire a multi-unit asset at a substantial discount. With renovation and repositioning, the property offers meaningful upside through increased rental income and long-term appreciation.

2001 10th Avenue, Honolulu

Listing courtesy of CBI Residential Advisory Svcs..

$1,488,888
202609806 MLS ⋅ FS - Fee Simple Tenure
Investment property consists of two buildings. Back building has 2-2 bedroom, 1 bath. Front building has a one bedroom and a 3 bedroom. Long term steady tenants. Good rental in central town location. Needs some updating but solid. Priced way below assessed value.

1320 Pensacola Street, Honolulu

Listing courtesy of SLL Company.

$5,300,000
202611622 MLS ⋅ FS - Fee Simple Tenure
Exceptional opportunity to acquire a well-maintained 11-unit concrete apartment building in the highly desirable Makiki neighborhood, directly across from Makiki District Park. This investment property features eleven renovated 1-bedroom, 1-bath units with dens, averaging approximately 644 sq. ft. each. Every unit includes a private lanai and one assigned parking stall, with abundant natural light, cool trade winds, and pleasant views. Residents enjoy the convenience of an on-site coin-operated laundry. Ideally located just minutes from H-1 Freeway access, Punahou School, Maryknoll School, Kapiolani Medical Center, Shriners Children's Hawai?i, shopping, dining, and public transportation. Ownership has invested over $500,000 in recent capital improvements, reflecting pride of ownership and reducing near-term capital expenditure needs. Current rents are below market, providing an attractive value-add opportunity with future income growth potential. Fee Simple. Property to be sold in AS IS condition. Please do not disturb tenants.

1430 Wilder Avenue, Honolulu

Listing courtesy of HI Choice Realty.

$6,950,000
202611443 MLS ⋅ FS - Fee Simple Tenure
3 large buildings near Waikiki and Ala Moana Shopping Center. One building is a 3 story hollow tile concrete building and 2- 2 story buildings. This property has great cash flow with significant upside growth. Easy to rent apartments because of strong Tenant demand. Property is a large parcel of land consisting of 14,400 square feet of land. Property is zoned A-2. Property is good for Bill 7 Affordable Project. 18 parking stalls.

1917 Algaroba Street, Honolulu

Listing courtesy of JW REALTY.

$2,350,000
7 Beds ⋅ 7 Baths ⋅ 202611143 MLS ⋅ FS - Fee Simple Tenure
Rare opportunity! Expansive 7BD/7BA home on a 7,500 SF R-5 zoned lot with legal duplex potential and stunning Diamond Head views. Designed for flexible living, the property can function as three separate living areas: 2BD/1BA, 1BD/2BA, and 4BD/4BA, making it ideal for multigenerational living, rental income, or extended family use. Features include two primary suites, split A/C throughout, a dumbwaiter elevator, enclosed 4-car garage, and durable hollow tile construction for low-maintenance ownership. Recent upgrades include a new roof (2025), two new water heaters, remodeled downstairs 2BD/1BA unit (2023), and appliances less than 3 years old. Energy-efficient with solar water heating and 46 PV panels. Enjoy beautiful outdoor spaces featuring copper gutters, a koi pond, and a charming tea house. Exceptional versatility, income potential, and location with iconic Diamond Head views.

648 10th Avenue, Honolulu

Listing courtesy of Sanford R. Ujimori Realty, Inc.

$2,700,000
202610588 MLS ⋅ FS - Fee Simple Tenure
An amazing opportunity to own a multifamily property in the heart of the desirable Makiki neighborhood. The 6-unit property consists of a 5-unit apartment building made up of 3 (1bd/1ba) and 2 (2bd/1a) units, along with a 4bd / 2ba single family house. All units are separately metered for electricity. The large house allows an owner the ability to "house hack" the property and offset their housing expenses with the other 5 units' rental income. The property recently underwent significant renovation, including new flooring, paint, windows, ceiling fans, appliances, and fixtures to all of the units making this a turn-key investment with excellent return metrics yielding a 4.86% cap rate at acquisition. The property is occupied by excellent tenants. The property is well positioned within proximity to Makiki Shopping Center, Roosevelt, Punahou School, University of Hawaii, Makiki District Park, and Ala Moana Center.

1223 Wilder Avenue, Honolulu

Listing courtesy of Excel Commercial Realty LLC.

$2,850,000
202610199 MLS ⋅ FS - Fee Simple Tenure
Prime opportunity just minutes from Waikiki and the University of Hawai?i. Situated on a 10,200 sq. ft. lot zoned BMX-3, this property offers multiple potential uses, including the possibility of utilizing Bill 7, subject to buyer verification and approvals. The property consists of four separate 2-bedroom, 1-bath cottages, plus a larger structure featuring three contiguous 1-bedroom, 1-bath units. Conveniently located near public transportation, shopping, dining, and urban Honolulu amenities. The property is currently under a residential dedication, which renews automatically unless ownership is transferred. Buyers are advised to perform their own due diligence regarding zoning, permitted uses, tax classifications, and dedication requirements. Excellent investment or redevelopment opportunity in a highly desirable location.

2013 Young Street, Honolulu

Listing courtesy of Keller Williams Honolulu.

$1,995,000
202610118 MLS ⋅ FS - Fee Simple Tenure
Highly well-maintained 2-story, 6-unit apartment building ideally located near parks, shopping, and top-rated schools. The exterior of the property is in pristine condition, highlighted by fresh exterior paint and consistent pride of ownership. This investment offers immediate income with strong upside potential. Current rents are below market, and all leases are on a month-to-month basis, providing flexibility for future adjustments and increased returns. Units are well maintained, with an opportunity for a new owner to update and modernize interiors over time to further enhance value. Each unit includes smoke alarms, gas ranges, electric refrigerators, and built-in ironing boards. Kitchens feature stainless steel sinks, ceiling-height cabinetry, and built-in dining tables. Exterior improvements include a renovated 6-stall carport, secure vinyl fencing, coin-operated washer/dryers, tankless water heaters, and ample storage. Photocell and sensor lighting enhance safety and convenience. A compelling opportunity for investors seeking a well-cared-for asset with room to grow.

708 E Olokele Avenue, Honolulu

Listing courtesy of Hawaii Modern Realty.

$995,000
202610003 MLS ⋅ FS - Fee Simple Tenure
1453 Pele Street presents a rare value-add opportunity in the heart of urban Honolulu. Currently owned by a non-profit organization and operated as a transitional housing facility, this multi-unit property offers flexible configuration potential for investors, contractors, or organizations seeking to reposition and renovate. The upper level features two separate 2-bedroom/1-bath units, while the lower level includes 9 individual bedrooms with shared kitchen and bath facilities. Situated on a centrally located lot near downtown Honolulu, The Queens Medical Center, freeway access, and public transportation. Property requires substantial renovation and is being sold As-Is. Excellent opportunity to restore, redevelop, or reimagine this unique A-2 Apartment zoned property.

1453 Pele Street, Honolulu

Listing courtesy of Central Oahu Real Estate LLC.

$1,846,000
202609981 MLS ⋅ FS - Fee Simple Tenure
Rare Kakaako income-producing opportunity in the Kakaako Community Development District. Situated on approximately 6,000 sq. ft. of level lot, this versatile duplex offers multiple paths to value creation, including rental income, owner-occupancy with supplemental income, and potential future redevelopment opportunities. Configured with two separate living areas with private entrances, the property provides flexibility for long-term rentals, multi-household occupancy, or a live-in ownership strategy. The spacious floor plans and generously sized rooms enhance tenant appeal and offer a variety of occupancy options. Ideally located near Kakaako, Ala Moana Center, Ward Village,Soto Academy, Safeway, Whole Foods, Kaiser Permanente, schools, Petco, beaches, dining, shopping, banks, healthcare services, and freeway access, this property benefits from strong demand drivers and a very desirable urban location. Potential opportunity to combine with the neighboring property for a larger land assemblage and future redevelopment potential (Buyer to verify all development possibilities, zoning requirements, and permitted uses). Sold As-Is; improvements may not match tax records.

1134 Alohi Way, Honolulu

Listing courtesy of Coldwell Banker Island Prop.

$2,042,250
202609955 MLS ⋅ FS - Fee Simple Tenure
Rare Kakaako multi-dwelling investment opportunity in the Kakaako Community Development District. Situated on approximately 6,000 sq. ft. of level land, this income-producing property features 3 separate living areas with approximately 9 bedrooms and 6 bathrooms total, offering multiple income streams and exceptional flexibility for investors, owner-occupants, or those seeking a live-in investment strategy. This 3-unit property includes an upstairs 3-bedroom, 2-bath residence (~1,241 sq. ft.), a downstairs 3-bedroom, 2-bath residence (~1,201 sq. ft.), and an attached 3-bedroom, 2-bath ADU built in 1997 (~1,128 sq. ft.); a 6-car tandem carport, plus additional driveway and street parking. Located near Kakaako, Ward Village, Ala Moana Center, Kaiser Permanente, beaches, dining, shopping, medical facilities, schools, and freeway access, this property benefits from strong rental demand in one of Honolulu's most sought-after urban neighborhoods. Potential opportunity to combine with the neighboring duplex on an additional 6,000 sq. ft. lot, creating approximately 12,000 sq. ft. of contiguous land with future redevelopment potential (Buyer to verify all development possibilities).

1128 Alohi Way, Honolulu

Listing courtesy of Coldwell Banker Island Prop.

$1,100,000
202609730 MLS ⋅ FS - Fee Simple Tenure
Rare opportunity to acquire a 5-unit apartment building in Kalihi with Industrial-Mixed Use zoning, offering strong long-term flexibility. The property is currently operating as a multi-family rental with four occupied 2 bedroom units providing immediate income and one 1 bedroom vacant unit offering flexibility for an owner-occupant or additional rental potential.

1923 Kalani Street, Honolulu

Listing courtesy of Real Broker.

$1,588,000
202609736 MLS ⋅ FS - Fee Simple Tenure
Excellent investment opportunity if you are willing to put in a little work. 2-story hollow tile walk-up building with 6 total units: 5-2 Bedroom units; 1-1 Bedroom unit. Building needs roofing repairs/replacement and some spalling repairs. Units need renovations and plumbing repairs. 6 open parking spaces. 5 electric meters and 1 water meter.

1823 Democrat Street, Honolulu

Listing courtesy of Island, REALTORS.

$2,388,000
202609684 MLS ⋅ FS - Fee Simple Tenure
$16,000+/month current scheduled Income. 9 (large approx. 640sf) 2-bedroom units with 5 parking stalls. Most units are fully renovated. NEW $70,000 Roof (installed 11-2022 by Kapili Construction). Spall Repairs recently completed. Self-Managed. All units have lanai with washer hookups and sinks. Ground Floor units have fenced-in backyards. QUALIFIES FOR 100% BONUS DEPRECIATION.

2021 Wilcox Lane, Honolulu

Listing courtesy of CBI Residential Advisory Svcs..

$945,000
3 Beds ⋅ 2 Baths ⋅ 202607211 MLS ⋅ FS - Fee Simple Tenure
SELLER MOTIVATED! Appraised at $1.05M & below tax-assessed value. Luxury elegance awaits you. Discover this modern, stunning 3 bd, 2 ba residence (duplex zoned and CPR), newly renovated, that reflects contemporary luxury mixed with Hawaiian decor. Eligible for VA financing. Nestled in the vibrant McCully neighborhood, this thoughtfully designed two-story layout features 2 beautifully tiled bathrooms, complemented by convenient tandem parking in front of this duplex-style home. Embrace a lifestyle that balances activity and tranquility, all within proximity to Ala Moana Shopping Center and Waikiki. Near dining options, recreation, and entertainment. Modern, distinctive finishing touches throughout, including quartz kitchen and bath counters, breathtaking tiled baths, and accent walls that will take your breath away. Properties of this caliber are hard to find. "1814 & 1812 Waiola Street" is the name of the self-managed AOAO, comprising only four owners. 1812 Waiola St A maintenance fee includes: outside electricity, Sewer, Hurricane, & Insurance that covers outside walls, Ground Termite Treatments, Water, & Mo. Yard Service. Great Rental at $4500mo income. Photos enhanced.

1812 Waiola Street Unit A, Honolulu

Listing courtesy of Sandra Sagisi HI Realty Serv..

$3,499,000
202609304 MLS ⋅ FS - Fee Simple Tenure
Three buildings on one lot: a 3BD/2BA house with basement and TWO 4-unit apartments, all separately metered. 13 parking stalls and on-site laundry. Bill 7 redevelopment site with existing income. A-1 zoned. Located across from Lili’uokalani Botanical Garden with direct H-1 access and minutes to Downtown Honolulu’s business core. Site has been evaluated and confirmed for Affordable Housing Development Bill 7 qualification, projecting 40 to 56 units at maximum FAR. Collect income while you pursue entitlements. Buyer to conduct own due diligence.

48 N School Street, Honolulu

Listing courtesy of Hawaii Modern Realty.

$2,295,000
202608472 MLS ⋅ FS - Fee Simple Tenure
Two homes, one lot, endless flexibility. Live in one, rent the other, and let the income work for you every month. The front home is built for space: six bedrooms, four bathrooms, and 4-car parking, with 32 solar panels keeping utility costs low. It's the kind of layout that draws serious, long-term tenants. Tucked behind it, the back home offers a quieter footprint: three bedrooms, two and a half bathrooms, a 2-car garage, and 23 solar panels of its own. Private, comfortable, and easy to fill. Live in either one and the other starts generating income from day one. Minutes from downtown Honolulu, with strong rental demand and short commutes in every direction, 2134 Kanealii St offers two well-appointed homes and a rare kind of flexibility in this market.

2134 Kanealii Avenue, Honolulu

Listing courtesy of Agora Hawaii.

$1,998,000
202608237 MLS ⋅ FS - Fee Simple Tenure
Centrally located multi-family property of over 7,500 square feet with a total of 3 buildings consisting of two 1-bedrooms and three 2-bedrooms with 5 parking stalls. Potential for redevelopment or as a cash flow investment. Minutes to downtown Honolulu, surrounding hospitals, and Kakaako shops and​​‌​​​​‌​‌​​​​‌‌​​‌‌​‌‌​​‌​​​‌​‌ restaurants.

1044 Green Street Unit A, Honolulu

Listing courtesy of Coldwell Banker Island Prop.

$1,425,000
202607989 MLS ⋅ FS - Fee Simple Tenure
Well located in town apartment building featuring a desirable mix of two 2 bedroom units and one 4 bedroom unit, offering flexible rental options and strong income potential. All units are generously sized with functional layouts, washer/dryer hook ups, separate electrical meters, good natural light, and on site parking, making them easy to lease and simple to manage. Tenants enjoy quick access to shopping, bus lines, schools, and major commuter routes, supporting stable demand and low vacancy in this central location. Ideal for an investor seeking steady cash flow or an owner occupant looking to live in one unit and rent the others to offset the mortgage. Plumbing was upgraded and building painted prior to listing.

2221 Fern Street, Honolulu

Listing courtesy of Horita Realty LLC.

$1,500,000
202607294 MLS ⋅ FS - Fee Simple Tenure
Industrial-zoned income producing property in Kalihi with strong redevelopment or owner-user potential. Property consists of two structures totaling approximately 3,824 sq ft on a 4,514 sq ft lot. Zoned I-2, allowing for a wide range of commercial and industrial uses. Convenient location with easy access to Nimitz Hwy, H-1 Freeway, Airport Sand Island, and Honolulu Harbor. Ideal for investors, contractors, or businesses. Strong upside potential for investors and developers.

1649 Democrat Street, Honolulu

Listing courtesy of SC Realty, LLC.

$1,888,000
202606614 MLS ⋅ FS - Fee Simple Tenure
Two story building consisting of (6) 2 bedroom/1 bath with parking space for each unit. Three units on ground level, three units on upper level. Renovations made to 5 of the units. Concrete and wood structure, on corner of Kapiolani Blvd and Paani St. Separate water and electric meter for each unit. (1) unit with gas utility. Coin washers on site for tenant use. Income not reflective of full potential as owner currently occupies 2 of the units. Convenient and on bus line, easy to rent. All to be sold in as-is where is condition.

2148 Kapiolani Boulevard, Honolulu

Listing courtesy of One Realty, Incorporated.

$1,549,000
202607167 MLS ⋅ FS - Fee Simple Tenure
Multi-Unit Investment Opportunity in Prime Punchbowl Location with beautiful ocean, sunset, mountain, and city views from the balcony! A rare find in the Punchbowl area! This versatile property features two separate structures with a total of five units, offering an incredible investment opportunity. With four units currently generating $5,650 in monthly rental income, potentially $9650 with 5th rental unit for even more revenue! The property includes a carport for three vehicles, copper piping in the main unit, and a highly desirable location with proximity to UH Manoa, HPU, community colleges, hospitals, downtown, and major conveniences. Investor-friendly and tenant-occupied—please allow 48-hour notice for showings. Do not disturb tenants. Don’t miss this chance to own a fantastic income-producing property in a prime Honolulu location!

1578 Pele Street, Honolulu

Listing courtesy of Coldwell Banker Island Prop.

$2,500,000
202605936 MLS ⋅ FS - Fee Simple Tenure
ALL UNITS RENTED!!! Three 4-plex buildings, each having four 1bed/1bath units. Coin-operated laundry for tenants use only - lock with key entry. Additional storage available on-site for some​​‌​​​​‌​‌​​​​‌‌​​‌‌​‌‌​​‌​​​‌​‌ units.

927 Spencer Street, Honolulu

Listing courtesy of Property Profiles, Inc..

Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.